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book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
book Macroeconomics 9th Edition by David Colander cover

Macroeconomics 9th Edition by David Colander

Edition 9ISBN: 978-0077501860
Exercise 10
"Budget deficits should be avoided, even if the economy is below potential, because they reduce saving and lead to lower growth." Does this policy directive follow from the short-run or the long-run framework Explain your answer.
Explanation
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It is given that,
"Budget deficits shoul...

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Macroeconomics 9th Edition by David Colander
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